Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 124,319 people, 44,029 houses or apartments, and a median cost of homes of $371,357, College Station real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in College Station, accounting for 42.70% of the city's housing units. Other types of housing that are prevalent in College Station include large apartment complexes or high rise apartments ( 33.10%), duplexes, homes converted to apartments or other small apartment buildings ( 16.66%), and a few row houses and other attached homes ( 6.40%).
Renters dominate College Station's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in College Station built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in College Station built between 2000 and later ( 44.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.10%).
Vacant housing appears to be an issue in College Station. Fully 12.70% of the housing stock is classified as vacant. Left unchecked, vacant College Station homes and apartments can be a drag on the real estate market, holding College Station real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in College Station have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.50%, which ranks in the top 40% nationwide. This equates to an annual average College Station house appreciation rate of 7.36%.
NeighborhoodScout's data show that during the latest twelve months, College Station's appreciation rate, at 7.85%, has been at or slightly above the national average. In the latest quarter, College Station's appreciation rate has been -3.43%, which annualizes to a rate of -13.03%.
Notably, College Station's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that College Station's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within College Station differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in College Station - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best College Station real estate investment or home purchase decisions.
$371,357
for Texas
for nation
44,029
$1,808 / per month